R.C. Market Report 11.24

• Tomorrow's Forecast: 1, 2, 3?

• We are now at the prior resistance level. Price action was very bullish. However, we had a decline in volume that leaves this rally susceptible to a fall. Final ten minutes showcased a real battle between the forces that wanted to sell into the rally versus the forces that believed in this rally. I'd conclude that the battle ended in a tie for today.

• Tomorrow: Can we make it three up days in a row? If we do, it'll be the first since mid September. Price action seems to indicate that it's doable. Volume leaves me with doubts. Financials led, oil rose, dollar declined, and Vix dropped, all indicating possibility of a sustainable rally.